The stability or otherwise of the global economy is the sum of sovereign national macroeconomic policies.
Mozambique's government is democratically elected and stable, its macroeconomic policies sound, its press reasonably free.
"Macroeconomic policies in Africa have improved inexorably in the last 10 to 15 years, " he added.
Continued donor assistance and solid macroeconomic policies supported a positive growth rate, despite the world recession.
Her macroeconomic policies have a mixed record, but the microeconomic policies have had a more enduring success.
In office he has kept his predecessors' macroeconomic policies, but in other ways pursued a different agenda.
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In Brazil and Mexico governments have implemented sound macroeconomic policies, dousing inflation and gradually reducing interest rates.
He argues, probably rightly, that bad macroeconomic policies in the past have held back Britain's economic performance.
In the first paragraph of its Article IV consultation today, it raises the question of whether it is time to change macroeconomic policies.
The first is to vow never to entertain the slack macroeconomic policies that have let inflation get out of hand in the past.
Besides, the International Monetary Fund will still vet major macroeconomic policies.
Neither fixed nor floating rates are substitutes for sound macroeconomic policies.
The single currency would change Europe's labour markets because it would make it harder for governments to adjust macroeconomic policies to suit circumstances in their own economies.
This would allow countries that are suffering from a worsening external environment, but whose macroeconomic policies are generally satisfactory, to draw on money from the fund in a precautionary manner.
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As with the new facility, loans were only available to countries which the fund deemed to have sound macroeconomic policies but which were affected by factors outside their control, so to be stigma-free.
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After all, a 22-year-old single mother of two in Petare, Chapeu Mangueira, Chimalhuacan or Ciudad Bolivar, doesn't care about macroeconomic policies or free market economies, but about a leader who will make it possible to feed her children tomorrow.
As members of Boris Yeltsin's government, they talked of macroeconomic stability and fiscal discipline but never presented policies that resonated among ordinary Russians.
More fundamentally, these macroeconomic data inform policy makers whether projects and policies are working or not, and decisions to discontinue, reform or intensify efforts will be made on such basis.
IMF's Western Hemisphere Department, concluded in a recent paper that a continuation of current policies would endanger the Caribbean's macroeconomic stability.
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